SYNTHESIS INE@COVID-19, 15-may-2020

May . 15 . 2020 page 5/9 Communication Unit | tel: +351 21 842 61 00 | sci@ine.pt www.ine.pt SYNTH SIS IN @ COVID-19 More information available at: Quarterly National Accounts - Flash Estimate (15 May 2020) Gross Domestic Product (chain-linked volume data, reference year=2016) Calendar and seasonally adjusted data Year-on-year rate of change, % -6 -4 -2 0 2 4 6 I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 -2,4 A sharp reduction in tourist activity in March with the impact of the COVID-19 pandemic The tourist accommodation sector registered 697.7 thousand guests and 1.9 million overnight stays in March 2020, corresponding to year-on- year rates of change of -62.3% and -58.7% respectively (+15.2% and +14.8% in February 2020, in the same order). Overnight stays of residents declined by 57.6% (+26.6% in February) and those of non-residents decreased by 59.2% (+9.5% in the previous month). In March 2020, the average stay (2.72 nights) increased by 9.6% (+11.4% concerning residents and +9.2% in the case of non-residents). The net bed occupancy rate (17.0%) decreased by 21.8 p.p. (+1.8 p.p. in February). The whole set of means of accommodation (tourist accommodation establishments, camping sites, holiday camps, and youth hostels) registered 746.1 thousand guests and 2.1 million overnight stays, corresponding to rate changes of -61.8% and -57.1% respectively (+15.6% and +15.2% in February, in the same order). The number of overnight stays of residents decreased by 56.6% (+26.6% in February) and those of non-residents declined by 57.3% (+9.9% in the previous month). Guests and overnight stays in March 2020 Tourist accommodation Tourist accommodation establishments, camping sites, holiday camps, and youth hostels 697,7 thousand guests -62,3% 746,1 thousand guests -61,8% 1,9 million overnight stays -58,7% 2,1 million overnight stays -57,1%

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